In case of a company expresses the bonus as a percentage...

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In case of _________, a company expresses the bonus as a percentage of basic benefit and already attached bonuses.

A. Reversionary bonus

B. Compound bonus

C. Terminal bonus

D. Persistency bonus

Answer: Option B

Solution (By Examveda Team)

In case of Compound bonus, a company expresses the bonus as a percentage of basic benefit and already attached bonuses.

This Question Belongs to Commerce >> Insurance

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